India rice, wheat output seen at record levels
03.03.2011 10:46 "Agro Perspectiva" (Kyiv) —
-With a significant improvement
in 20010/11 rice production and 2011/12 wheat
production forecast at record levels, government food
grains stocks are expected to remain high on continued
The government of India raised the off-take of rice and
wheat from the government stocks through the public distribution
system and private trade to keep domestic prices
of rice and wheat under control during 2010/11.
The government may continue to ban exports of wheat and
non-basmati rice due to ongoing food price inflation and
food security concerns. Record corn production will support
higher corn exports in 2010/11.